Doesn't surprise me. I posted way back when that the European Commission would make it tough and I said that maybe it was a "GET EVEN" for DHL falling on it's face when it tried to estabilsh a ground business here in the states.End result, we are out about 230 million dollars, TNT might go out of business and most likely our stock will take a hit.Hopefully the USA will put this in their memory bank, if and when a foreign transport company tries to come in to the USA.Europe is up to it's A-- in debt(we aren't far behind) and you would think that they would welcome this type of deal to help their economy.SOCIALISM at it's best.GOD BLESS AMERICA!!GO UPS!!

Makes me quite upset with the European Socialist governments. Might be an excellent time for us (USA) to pull out our yearly subsidies! I don`t believe the Obama Administration would have the courage to attempt this.

I'm actually sorry that tis deal did not go through. TNT presence was not just in Europe and I think the deal would have benefitted our largest customers greatly. I think what we saw from the European commission was a superiority attitude, a protectionist philosophy, and a deep distrust of American Business. Of course UPS management should have seen this coming. The $200M termination fees is probably small compared to the investment in time and effort we already made.

It's OK. My guess is UPS will do it the slow way, gradually taking European market share. Funny how the stock market liked it when we announced the TNT merger, and then liked it again when they said the merger was off.

Stock is over $79, a nice robust figure. Hoping for a little dividend bump, but not counting on it. The Railfax website shows a decelerating demand for intermodal rail transport. Year over year car counts are up about 3%, compared to 5-6% six months ago. I'm convinced high asset prices, including UPS stock, are influenced by these modern Federal Reserve policies which add money into the financial system.

$79 ain't what it used to be, but UPS still outperforming the S&P 500 over the long haul.

The company's chief executive, Scott Davis, explained that all the "significant and tangible remedies" proposed to make the deal easier to swallow had failed to convince EC antitrust officials that it would not threaten competition in the overnight parcel-delivery market.

"We are extremely disappointed," he said.

Not so shareholders. UPS shares popped nearly 2% at the open, bringing them within reach of the 52-week high they hit on March 19 last year, the day the company announced its TNT deal.

Why the relief rally? UPS has to pay TNT a $266 million termination fee. But that's a drop in the bucket given the $6.8 billion of uncommitted cash it's now sitting on. That's money some shareholders no doubt hope will trickle down to them in the form of a fatter dividend.

Meanwhile, several Wall Street analysts point out that their earnings estimates for UPS judiciously excluded future contributions from TNT. UPS still looks pretty solid: According to analysts surveyed by FactSet, UPS is expected to earn $4.59 a share in 2102, a 5.5% improvement on its 2011 results. Their projections for 2013, again excluding a TNT acquisition, push the full-year earnings estimate up to $5.12 a share.

UPS's gains build on a broad increase in global commerce, most of it outside Europe. So while failing to grab a bigger share of the European market might disappoint Davis, it didn't shake Wall Street.

But that leaves TNT in play, at least in theory.

Possible takers? Apparently not. TNT shares took a 41% dive in Europe and FedEx Corp. , the other name surfacing in the speculation pool, is not likely to make a bid. FedEx executives made that clear last March, when the UPS-TNT deal was first announced. They've given no indication they've changed their minds, focusing instead on cost-cutting.